A Proof of Stake

Mining Company

Blockstake owns and operates a portfolio of cash flow generating cryptoassets

We maximize these cash flows through a combination of:

Masternode Operations

Proof of Stake Mining

What are masternodes?

Masternodes, also known as bonded validators, are special computers that verify transactions on a blockchain network and require a large stake of currency as collateral.

In exchange for running these nodes, we receive a portion of the newly minted coins on the network.

Thus Blockstake is able to benefit from price appreciation while maintaining ongoing cash flows.

A requested transaction is broadcast to a network of nodes

The nodes validate the transaction based on the network rules

What is mining?

Mining is the process of adding data to the blockchain.

At a regular interval, the miners group together all the transactions that occurred and record them on the network as chunks of data known as blocks.

For every block of verified data, the miners receive a pre-set number of coins referred to as a block reward.

How Blockstake mines

Blockstake is an active miner across multiple Proof of Stake (PoS) networks.

In a Proof of Stake system the miners are not machines, but individuals with a large stake of currency. By holding a stake, they become eligible to validate transactions and create new blocks.

This alternative form of mining requires significantly less energy and capital expenditures than previous Proof of Work systems.

Proof of Work

Proof of Stake

The Team

Thomas McLaughlin

Chief Executive Officer / Early cryptocurrency investor, founding member Blockchain Compliance Foundation, former BofAML investment banker

Shawn Diamond

Director of Business Development / Investment advisor representative, former international equity trader for Credit Lyonnais and Galleon, 20 year Wall Street veteran

David Wodka

Chief Operating Officer / 10+ years of experience managing operations for multi-billion dollar infrastructure projects

Earl Myers

Chief Marketing Officer / Award-winning writer and creative director, previous clients include Walt Disney, Nestle, and GSK

Advisors

Allen Hena

Digital asset thought leader, 20+ year IT and enterprise architecture veteran, founder of StakeAndNodes.com, providing masternode investors and funds with industry leading analytics

Christian Kaczmarczyk

Blockchain analyst and investor, currently a Venture Fellow at AVG Blockchain Fund

Joshua Stinson

Founder and Chief Strategist of Cryo Security LLC, providing best-in-class crypto focused security solutions since 2011

Alan Baldachin

Managing partner at Hand Baldachin & Associates, specializing in venture-capital and private equity financings